Tharwa Investment Company wins Kuwiat equity award.
Thomson Reuters names Islamic fund awards winners
Dubai, June 3, 2014
Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, announced the winners of the 'Zawya Fund' and the 'Lipper Global Islamic Fund Awards' for 2014 at a ceremony in Dubai last night.
The Zawya funds awards are calculated on an annual basis and have a set of fixed criteria for a fund to take part in the analysis, of which a minimum $5 million in size and a minimum 3 years track record.
The Lipper Global Islamic Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community.
The following are the winners of the Zawya Fund Awards:
*Equity Kuwait Award: Tharwa Investment Fund by Tharwa Investment Company
*Equity Mena Award: EFG-Hermes MEDA Fund by EFG-Hermes Holding
*Fixed Income Morocco Award: FCP Capital Imtiyaz Liquidite by BMCE Capital Gestion
*Money Market Morocco Award: Emergence Money Market Fund by Valoris Management
*Balanced Morocco Award: SICAV CFG Croissance by CFG Gestion
*Equity Egypt Award: Banque Du Caire Fund I by EFG-Hermes Holding
*Equity GCC Award: LHV Persian Gulf Fund (A Share) by LHV Asset Management
*Fixed Income Tunisia Award: Attijari Obligataire SICAV by Attijari Gestion
*Money Market Saudi Arabia Award: Al Arabi SAR Money Market Fund by ANB Invest
*Balanced Egypt Award: Al Watany Bank of Egypt Fund by NBK Capital AM in Egypt
*Equity Oman Award: Vision Emerging Oman Fund by Vision Investment Services Company
*Equity UAE Award: Emirates Gateway Fund by Shuaa Asset Management Limited
*Equity Qatar Award: Al Waseela Fund (F Class) by EFG-Hermes Holding
*Equity Saudi Arabia Award: EFG-Hermes Saudi Arabia Equity Fund by EFG-Hermes KSA
*Money Market Egypt Award: Credit Agricole Egypt Fund III byEFG-Hermes Holding
*Equity Morocco Award: FCP RMA Cap Performance by RMA Capital
The winners of the Zawya Funds Awards voted by the industry are:
*Custodian Of The Year: HSBC Saudi Arabia Limited
*Administrator Of The Year: APEX Fund services
*Lawyer of the Year: Al Tamimi & Company
*Newcomer Fund Of The Year: MENA Dividend Leader Fund by National Bank of Abu Dhabi
*Mena Asset Manager Of The Year: Al Mal Capital
*Fund Manager of the Year: Tariq Qaqish
The Lipper Global Islamic group award went to Jadwa Investment which also won Best Equity Award. Trophies were also presented to 17 individual fund award winners. CIMB-Principal Asset Management Berhad and PT Samuel Aset Manajemen were multi-award winners.-TradeArabia News Service